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People's Republic of China: Financial Position in the Fund
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|People's Republic of China and the IMF|
Updated February 19, 2014
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|April 01, 2008 -- Issues Brief - Reform of IMF Quotas and Voice: Responding to Changes in the Global Economy|
On March 28, 2008, the Executive Board of the IMF endorsed a major package of reforms that will enhance the institution's governance. Once approved by the Fund's Board of Governors (they are expected to cast their votes by April 28), the agreement will adjust quota shares to better reflect the relative weight of member countries in the world economy, particularly that of dynamic emerging countries. It will also enhance the voice and representation of low-income countries within the IMF.
|March 01, 2008 -- Issues Brief - Reform of IMF Quotas and Voice: Responding to Changes in the Global Economy|
In September 2005, the IMF embarked on a wide-ranging program of modernization called the Medium-Term Strategy. One important element of the Strategy is governance reform, including adjusting quota shares to reflect better the relative weight of members in the world economy and enhancing the voice and participation of low-income members within the institution. This reform is critical for the continued effectiveness of the Fund.
|April 18, 2007 -- Issues Brief - The Multilateral Consulation on Global Imbalances|
Multilateral consultations provide a new forum for discussion among members of the international community who share an interest in crucial economic issues. The consultations enable the IMF and its members to agree upon policy actions to address vulnerabilities that affect individual members and the global financial system. They will help policymakers to show that the measures they propose will be matched by measures taken by others, with benefits to all. The first multilateral consultation was launched in 2006 in order to address the issue of global payments imbalances with the IMF being entrusted to facilitate discussion and cooperation among senior policymakers.
|March 21, 2002 -- Improving Market Access: Toward Greater Coherence Between Aid and Trade -- An IMF Issues Brief|
A coherent approach to development and trade calls for trade policies that create market opportunities for developing countries, and for development policies that enable them to respond to these opportunities.
|November 03, 2000 -- Transition Economies: An IMF Perspective on Progress and Prospects -- An IMF Issues Brief|
The race to transform centrally planned economies into market economies has led, ten years later, to one group of countries approaching the finish line, others languishing at various points along the track, and a few barely off the starting blocks.